15 Aug
|
HSBC Global Services
|
Mumbai
15 Aug
HSBC Global Services
Mumbai
Some careers open more doors than others.
If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.
- Business Descriptor:
The AVP, Business Operations will manage day-to-day broking back-office operations across trading support, clearing & settlement, risk operations, depository (DP), reconciliations, and client service. The role is hands-on and execution-focused, ensuring timely settlements, accurate reconciliations, solid controls, and regulatory compliance with SEBI, Exchanges, Depositories, and Clearing Corporations. You’ll work closely with Technology, Compliance, Finance, and front-office teams to drive operational stability and incremental automation.
- Core Responsibilities & Duties:
1) Trade Support, Clearing & Settlement:
- Manage daily clearing and settlement activities with NSE Clearing / BSE Clearing ensuring timely fund flows and demat deliveries.
- Ensure accurate processing of pay-in/pay-out, settlement obligations, shortages, auction handling, and exception resolution.
- Track settlement timelines and ensure adherence to exchange/clearing corporation cut-offs.
- 2) Margins, Collateral & Risk Operations (Operational Execution):
- Support accurate computation/collection of margins, MTM, and exposure; monitor margin shortfalls and coordinate timely actions.
- Maintain daily controls around risk checks, limit breaches, and operational risk events; escalate issues with clear root-cause and fix plan.
- 3) Reconciliations & Controls:
- Own daily/periodic reconciliations including exchange, client ledger, bank, depository, and settlement-related reconciliations.
- Ensure breaks are investigated, evidenced, resolved within defined TATs, and reported through appropriate governance.
- Maintain strong maker-checker controls, audit trails, and documentation aligned to internal policies and regulatory expectations.
:
4) Client Lifecycle & Service Operations:
- Oversee operational processing for cl
📌 Avp Operations (Mumbai)
🏢 HSBC Global Services
📍 Mumbai